Tel: 01736 795753
This email address is being protected from spambots. You need JavaScript enabled to view it.

Childcare voucher scheme deadline extended

Source: Department for Education | | 17/03/2018

The government has announced that the employer-operated childcare voucher scheme will remain open to new entrants for a further six months, i.e. until October 2018. The childcare voucher scheme, also called employer-supported childcare (ESC), was due to close from 6 April 2018 and be replaced by the government-backed childcare payments scheme, also called tax-free childcare (TFC). The government announced the extension during a debate in the House of Commons in response to concerns expressed by MPs about problems with the operation of TFC.

TFC was initially launched on a phased basis in April 2017. It has different eligibility criteria to ESC, plus employers have no involvement at all in the running of TFC. Employees who are already on ESC are not obliged to switch over to TFC, as ESC will continue to run as normal providing employers continue to offer the scheme. However, ESC was due to close to new applications from 6 April 2018. It is now due to close to new entrants in October 2018 and, as a result, employers can continue to admit new members to their schemes for a further six months.



Search Archive


Latest News

Keep abreast of Brexit news
19/03/2019 - More...
As the Brexit date fast approaches, it seems the only thing we can say with any certainty is that

Present tax-free company benefits
19/03/2019 - More...
The list of company benefits that can be provided tax-free to employees is quite short. However,

Changes to VAT IT systems if no-deal Brexit
19/03/2019 - More...
In a letter being sent to businesses across the country, HMRC has published the following

Search

Our Address

Greenwood Wilson
The Old School
The Stennack
St Ives
Cornwall
TR26 1QU

Contact Us

tel: 01736 795753
fax: 01736 798642
This email address is being protected from spambots. You need JavaScript enabled to view it.

Newsletter

With our newsletter, you automatically receive our latest news by e-mail and get access to the archive including advanced search options!

» Sign up for the Newsletter
» Login